Ewj: elliott wave

Five waves UP. There may be another five waves UP :) .
Crude Oil $65 is on schedule :D .
SPX UP move still looks impulsive.
Quote from mu200411:07-14-09 01:32 AM

So we got our Wave 2)c.5:9 which is really Wave 2)c.5:5 :) .
Next may be a rebound to Wave 2)c.4 at $65 :D .
More...
 

Attachments

ive been trading the fertilizer names long this week... its been nice! should have gotten into some coal too. long USO looking for that gap fill still. maybe monday. thanks for pointing out that divergence.
 
Another SURGE up out of a short-term "triangle formed during the lunch hour.

Does any one here on this thread have any LONG positions on?

If so, please feel free to name them.
I'm curious.
 
Looks like someone pulled the "bid" out from under a lot of the energy names that I follow around 2:30PM Easten.

Wouldn't be surprised if today's intra-day highs will be the highs for the next several days.

Any thoughts?
 
I'd still like to see that flat pattern c wave play out over next week... This OE up move this week feels like a mischievous b...

Ideally , last hour high into that 88.6% would square time and price well...Just have to see how much mischief they have left in the box.... Below that 931 will show the turns come in ...
 
Quote from Landis82:

Another SURGE up out of a short-term "triangle formed during the lunch hour.

Does any one here on this thread have any LONG positions on?

If so, please feel free to name them.
I'm curious.
More...


im short now. AGU and HK. but long USO. we'll see what monday brings.
(Sorry that this has nothing to do with Elliot Wave theory)
 
You must log in or register to reply here.
Back
Top